Which of the Following Is False

question 17

Multiple Choice

Which of the following is false?

• A)Freight is given lower priority than passengers in rail transportation in China
• B)China ranks first in the world in terms of highway mileage
• C)A truck shipment between Kolkata and Mumbai,India can take between 7 and 10 days because of poor road conditions
• D)Some countries limit a motor carrier's operations to within a particular state's borders
• E)All of the above are true

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Definitions:

Overhead Costs

Expenses associated with the day-to-day running of a business that are not directly linked to the production or selling of goods and services.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a product and considered a part of the product’s cost.

Direct Labor

The labor costs directly associated with the production of goods, including wages for workers who are involved in the actual manufacturing process.

Allocation Base

A measure or statistic used to distribute indirect costs to different cost objects, such as departments or products.